South African Reserve Bank optimism that South Africa could soon be removed from an international grey list is in part due to actions it has taken to mitigate against the risk that tech outages that could destabilise the country’s financial system. According to the Financial Stability Review report for the first half of 2025 released…
Hawken McEwan, director of risk and compliance at nCino KYC Africa. South African businesses are under growing pressure to improve financial crime detection as regulators tighten enforcement ahead of the country’s October 2025 deadline to exit the Financial Action Task Force (FATF) greylist. “Red flags are almost always there – but too often missed,” says…
At a used car market in Beijing, salesman Ma Hui said he fears China’s electric vehicle industry is in a race to the bottom. EV makers, led by the country’s market leader BYD, have been engaged in a bruising price war, depressing profits for the brands, as well as sellers such as Ma. “All of…
